COMPUSDT has remained below the 17.52 resistance level for the past 21 days. A confirmed breakout above this zone could trigger a strong bullish move.
Despite Bitcoin's recent market conditions, COMP has shown notable resilience and has not experienced any significant bearish reaction. On the 4-hour timeframe, the price is forming a series of higher lows while maintaining equal highs, creating an ascending triangle pattern. This structure reflects increasing buying pressure, and a confirmed breakout above 17.52 could pave the way for further upside.
As always, wait for a confirmed breakout and manage your risk accordingly.
Despite Bitcoin's recent market conditions, COMP has shown notable resilience and has not experienced any significant bearish reaction. On the 4-hour timeframe, the price is forming a series of higher lows while maintaining equal highs, creating an ascending triangle pattern. This structure reflects increasing buying pressure, and a confirmed breakout above 17.52 could pave the way for further upside.
As always, wait for a confirmed breakout and manage your risk accordingly.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.